Commercial Land for Neighborhood
540 Howdershell Rd Florissant, MO 63031
For Sale
Contact for pricing
Commercial land on a main thoroughfare with heavy daily traffic and redevelopment potential.
Property Size2,700 SF
Price / SF$133.33
Days on Market1641
Property Features for 540 Howdershell Rd
General Information
Standard status
Active
Size
2,700 SF
Property subtype
OFFICE
Listing Agency:
Salient Realty Group, LLC
(636) 699-5668
Listed By:
Timothy J. McCarthy · License #2015014613
(636) 699-5668
Source:
Moodyscre
Added: Jan 31, 2022
Changed: Jul 29
Last Checked: Jul 29 at 4:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Salient Realty Group, LLC
Investment Insights
Based on property information with market context.
This commercial land parcel offers a redevelopment opportunity for neighborhood retail. The site spans 0.77 acres and sits in the heart of Florissant.
The property is positioned on a main thoroughfare with 33,000 vehicles passing by daily, supporting visibility for retail concepts and other neighborhood-oriented uses.
Whether you’re evaluating redevelopment possibilities or planning for a retail-oriented site layout, the parcel’s location along a heavily traveled road is a key operational consideration.
The property is positioned on a main thoroughfare with 33,000 vehicles passing by daily, supporting visibility for retail concepts and other neighborhood-oriented uses.
Whether you’re evaluating redevelopment possibilities or planning for a retail-oriented site layout, the parcel’s location along a heavily traveled road is a key operational consideration.
Key Highlights
- 0.77‑acre commercial land parcel in the heart of Florissant
- 33,000 vehicles pass by daily on the main thoroughfare
- Suitable for neighborhood retail or redevelopment
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.3k | $22.32 |
| − Vacancy | −$16.3k | −$6.05 |
| EGI | $43.9k | $16.27 |
| − OpEx | −$11.0k | −$4.07 |
| NOI | $32.9k | $12.20 |
2,700 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$470.7K
$411.9K – $549.2K
NOI $32,949 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$579.5K
$507.0K – $676.1K
NOI $40,563 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land on a main thoroughfare with heavy daily traffic and redevelopment potential.
Where is this commercial land located?
The property is located at 540 Howdershell Rd Florissant, MO.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 0.77‑acre commercial land parcel in the heart of Florissant; 33,000 vehicles pass by daily on the main thoroughfare; Suitable for neighborhood retail or redevelopment
